$1,294 Closing Credit*
$109,000
1,092 SqFt
3 Beds
•1 Full Bath
Naomi Richardson, Listing Office: Mark Spain Real Estate
Is Oxford, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Oxford has remained a Seller's Market.
Key Takeaway
Oxford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oxford, NC
How much do homes in Oxford, NC cost?
Median Sold Price
$291,500
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$6,500(+2.3%)
Key Takeaway
Homes in Oxford have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Oxford was $291,500 in September 2024, up 2.3% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | - | N/A |
| 2 Bedrooms | $175K | $225K | +28.6% |
| 3 Bedrooms | $275K | $283.6K | +3.1% |
| 4 Bedrooms | $430K | $307.5K | -28.5% |
| 5+ Bedrooms | $242.5K | $424.9K | +75.2% |
Summary: Oxford housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 28.5%, and 5+ bedroom homes increased by 75.2%.
Median Sold Price Compared To Nearby Cities
| Oxford | $285K | $291.5K | +2.3% |
| Oxford Township | $285K | $291.5K | +2.3% |
| Fishing Creek Township | $260K | $260K | 0.0% |
| Salem Township | $384.9K | $382.5K | -0.6% |
Housing Supply in Oxford, NC
How many homes are available in Oxford, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 57 | 59 | +3.5% |
Summary: The Oxford real estate market had 59 homes for sale in September 2024, a 3.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 35 | 36 | +2.9% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Oxford housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oxford, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Oxford in September 2024, up by 57.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for Oxford, NC
How long does it take to sell a home in Oxford, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 64 Days | 37 Days | -40.9% |
Summary: Homes in Oxford had an average of 37 days on market in Sep 2024, down by 40.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oxford are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 11 homes were sold in Oxford; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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